Former BlackBerry CEO Jim Balsillie Liquidates Shares

In an unusual turn of events, former CEO of BlackBerry Jim Balsillie has liquidated all of his shares in BlackBerry.

Some may have noticed his absence from the BlackBerry 10 launch while a smiling Mike Lazaridus was in attendance, so maybe this isn't shocking news. We've also heard reports before that he had a difference of opinion of where he felt BlackBerry should go forward with the board of directors. As such, maybe this isn't a huge surprise.

Upon the CEO stepping down, Jim Balsillie received a payout of $7.93m.

With all the cash on hand, no doubt he's planning on setting up a new venture or buying a super yacht.